Zacks Research Has Weak Estimate for Shake Shack Q2 Earnings

Shake Shack, Inc. (NYSE:SHAK) – Equities researchers at Zacks Research dropped their Q2 2026 earnings per share estimates for Shake Shack in a research note issued on Thursday, May 21st. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.42 for the quarter, down from their previous estimate of $0.46. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Shake Shack’s current full-year earnings is $1.24 per share. Zacks Research also issued estimates for Shake Shack’s Q3 2026 earnings at $0.37 EPS, Q4 2026 earnings at $0.34 EPS, Q2 2027 earnings at $0.44 EPS, Q3 2027 earnings at $0.39 EPS, Q4 2027 earnings at $0.43 EPS and Q1 2028 earnings at $0.26 EPS.

SHAK has been the subject of several other research reports. Barclays cut their target price on Shake Shack from $118.00 to $96.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. The Goldman Sachs Group reissued a “buy” rating on shares of Shake Shack in a research note on Friday, May 8th. Oppenheimer set a $100.00 target price on Shake Shack in a research note on Friday, May 8th. Guggenheim cut their target price on Shake Shack from $120.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Shake Shack in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $107.08.

Shake Shack Price Performance

SHAK stock opened at $62.74 on Monday. The business has a fifty day moving average of $87.14 and a two-hundred day moving average of $88.77. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.45. The stock has a market cap of $2.68 billion, a price-to-earnings ratio of 64.02, a price-to-earnings-growth ratio of 2.59 and a beta of 1.78. Shake Shack has a 52-week low of $59.49 and a 52-week high of $144.65.

Shake Shack (NYSE:SHAK) last posted its earnings results on Thursday, May 7th. The company reported $0.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.11). The business had revenue of $366.74 million for the quarter, compared to analyst estimates of $372.43 million. Shake Shack had a return on equity of 9.62% and a net margin of 2.76%.Shake Shack’s revenue was up 14.3% compared to the same quarter last year. During the same period last year, the business earned $0.14 EPS.

Institutional Investors Weigh In On Shake Shack

Institutional investors have recently modified their holdings of the company. Glenview Trust co lifted its holdings in Shake Shack by 1.5% during the 2nd quarter. Glenview Trust co now owns 6,925 shares of the company’s stock worth $974,000 after buying an additional 100 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Shake Shack by 12.5% during the 3rd quarter. Smartleaf Asset Management LLC now owns 964 shares of the company’s stock worth $91,000 after buying an additional 107 shares during the last quarter. UMB Bank n.a. lifted its holdings in Shake Shack by 42.2% during the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock worth $32,000 after buying an additional 116 shares during the last quarter. Maryland State Retirement & Pension System lifted its holdings in Shake Shack by 2.1% during the 4th quarter. Maryland State Retirement & Pension System now owns 5,905 shares of the company’s stock worth $479,000 after buying an additional 119 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in Shake Shack by 18.2% during the 4th quarter. Farther Finance Advisors LLC now owns 935 shares of the company’s stock worth $76,000 after buying an additional 144 shares during the last quarter. 86.07% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Robert Lynch acquired 5,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of $60.39 per share, with a total value of $301,950.00. Following the completion of the purchase, the chief executive officer owned 77,845 shares of the company’s stock, valued at $4,701,059.55. This represents a 6.86% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Daniel Harris Meyer acquired 32,258 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average cost of $61.88 per share, with a total value of $1,996,125.04. Following the completion of the purchase, the director directly owned 378,670 shares of the company’s stock, valued at approximately $23,432,099.60. This represents a 9.31% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 50,616 shares of company stock valued at $3,109,782. Insiders own 8.32% of the company’s stock.

About Shake Shack

Shake Shack, Inc (NYSE: SHAK) is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.

Shake Shack traces its origins to a hot dog cart opened in New York City’s Madison Square Park in 2001 by Danny Meyer’s Union Square Hospitality Group.